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    1. Can an Outside CEO Succeed? Look at the Board's Diversity

      Can an Outside CEO Succeed? Look at the Board's Diversity

      By Joann S. Lublin Outsiders -- whether in business or politics -- offer a powerful allure. They often bring innovative ideas and a healthy disregard for established practices. Companies keen for such fresh perspectives frequently go outside for a new chief executive. Faced with falling revenue, retailer Office Depot Inc. recently hired Gerry Smith from Lenovo Group. He takes command next week...

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    2. Zillow C : adds Slack exec to board, its first female director | 4-Traders

      Zillow C : adds Slack exec to board, its first female director | 4-Traders

      Zillow Group has added Slack executive April Underwood to its board of directors. Underwood, who is the first woman on Zillow's board, also co-founded a women-owned angel investing group called #Angels. She previously held high-level product roles at Twitter and WeatherBill. Underwood started as vice president of product at Slack, developer of the popular work-messaging application, in June 2015 ...

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    3. Baxter International : Appoints Dr. Stephen Oesterle To Its Board; Industry Veteran Complements Current Board Expertise

      Baxter International : Appoints Dr. Stephen Oesterle To Its Board; Industry Veteran Complements Current Board Expertise

      Baxter International Inc. today announced it has appointed Stephen (Steve) N. Oesterle , M.D., to its Board of Directors, bringing the total number serving the company to 12. Dr. Oesterle now also serves on Baxter's Public Policy Committee . 'We are excited to welcome Steve to Baxter's board,' said Jose (Joe) E. Almeida , chairman and chief executive officer...

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    4. Zenyatta Ventures Appoints New Member to Board of Directors and Provides Update on Corporate Activities

      Zenyatta Ventures Appoints New Member to Board of Directors and Provides Update on Corporate Activities

      Zenyatta Ventures Ltd. is pleased to announce a new addition to the Board of Directors, as well as updates on the Company's marketing and application development efforts and continued work on metallurgical testing. Zenyatta strengthened its Board of Directors with the addition of Mr. Sean Whiteford...

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    5. Ackman's Fund Mum on Names of Latest Investments

      Ackman's Fund Mum on Names of Latest Investments

      Billionaire hedge fund manager William Ackman, who has long courted publicity with his multibillion-dollar stock investments, took a new tack on Thursday when he shrouded his most recent bets in mystery. Ackman's $10.9 billion hedge fund Pershing Square Capital Management made two bets in recent months where the firm committed more than 10 percent of its capital, but it has not revealed the names of those investments...

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    6. Private Bancorp of America, Inc. Announces Appointment of Richard A. Smith as Director of San Diego Private Bank

      Private Bancorp of America, Inc. Announces Appointment of Richard A. Smith as Director of San Diego Private Bank

      Private Bancorp of America, Inc., parent company of San Diego Private Bank announced that Richard A. Smith has joined the Board of its subsidiary San Diego Private Bank. Richard Smith has been involved in the banking industry for 40 years, specializing in private banking for high-net-worth individuals...

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      Mentions: Leadership
    7. UK: Fund Firms Plan to Get Tough on Excessive Pay at Britain's top firms

      UK:  Fund Firms Plan to Get Tough on Excessive Pay at Britain's top firms

      Some of the biggest holders of UK stocks plan to get tougher on executive pay, as the government turns up the heat over the yawning income gap between bosses and employees following Britons' vote to leave the European Union. Doubts remain over whether shareholders will force through many major changes...

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    8. Toshiba Flags Hit of 'billions of dollars' on U.S. Nuclear Acquisition

      Toshiba Flags Hit of 'billions of dollars' on U.S. Nuclear Acquisition

      Toshiba Corp (Toshiba Corp ) said it may have to book several billion dollars in charges related to a U.S. nuclear power acquisition, a shock warning that sent its stock tumbling 12 percent and rekindled concerns about its accounting acumen. Toshiba Corp (Toshiba Corp ) said it may have to book several billion dollars in charges related to a U.S. nuclear power acquisition, a shock warning that sent its stock tumbling 12 percent and rekindled concerns about its accounting acumen...

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    9. IC Potash : adds Sidney Himmel & Grant Sawiak to the Board | 4-Traders

      IC Potash : adds Sidney Himmel & Grant Sawiak to the Board | 4-Traders

      TORONTO - (Business Wire) - December 19, 2016 - IC Potash Corp. (TSX: ICP; OTCQX: ICPTF) ('IC Potash' or the 'Company') is pleased to announce the addition of board members and an executive professional to lead the development of IC Potash into 2017. Mr. Sidney Himmel, has been appointed Director of Intercontinental Potash Corp. (USA) ('ICPUSA'), a subsidiary of IC Potash. ICPUSA holds IC Potash's Ochoa fertilizer asset located in New Mexico.

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    10. Legg Mason : Shanda Group Plans to Increase Stake to Up to 15% of Legg Mason's Common Stock as Part of Long Term Strategic Investment

      Legg Mason : Shanda Group Plans to Increase Stake to Up to 15% of Legg Mason's Common Stock as Part of Long Term Strategic Investment

      BALTIMORE, Dec. 19, 2016 /PRNewswire/ -- Legg Mason Inc., (NYSE:LM), today announced an agreement with Shanda Group, Legg Mason's largest shareholder, that includes a commitment to appoint Tianqiao Chen, Chairman and CEO of Shanda Group and a well-known technology entrepreneur in Asia, and Robert Chiu, President of Shanda Group and an executive with 25 years of international financial and technology experience, to its Board of Directors by June 1, 2017.

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    11. O2Micro International : Announces Dr. Vijay Kumar Elected to Board of Directors

      O2Micro International : Announces Dr. Vijay Kumar Elected to Board of Directors

      (GlobeNewswire) - O2Micro International Limited (NASDAQ:OIIM), a global leader in the design, development and marketing of high-performance integrated circuits and solutions, today announced that the Board of Directors have elected Dr. Vijay Kumar to serve on the Company`s Board...

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    12. Verve Appoints Northwestern's Mary Baglivo to Board of Directors

      Verve Appoints Northwestern's Mary Baglivo to Board of Directors

       Verve(TM), the industry leader in location-powered mobile marketing, today announced the appointment of Mary Baglivo as its first independent board director. Baglivo is chief marketing officer and vice president of global marketing at Northwestern University. Prior to Northwestern, she spent eight years as chairman and chief executive officer at Saatchi & Saatchi, The Americas...

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    13. The Hanover Insurance Group, Inc. : Elects Jane D. Carlin to Board of Directors | 4-Traders

      The Hanover Insurance Group, Inc. : Elects Jane D. Carlin to Board of Directors | 4-Traders

      WORCESTER, Mass., Dec. 5, 2016 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced that Jane D. Carlin has been elected to the company's board of directors. Carlin is an accomplished senior executive with extensive experience in information and cyber security, risk management, compliance and business governance with leading financial services companies...

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    14. Trian's Peltz Started Building New Stake in Undisclosed company

      Trian's Peltz Started Building New Stake in Undisclosed company

      Nelson Peltz, the billionaire head of activist hedge fund Trian Fund Management, told CNBC on Monday that his firm began building a new position in a company about two weeks ago, but could not disclose the name of the company. "We've started buying about two weeks ago. We of course can't announce it now. We've bought quite a bit of stock and we've got quite a bit more to buy," Peltz said. Peltz's firm often pushes for change at companies in which it invests...

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    15. Pernix Therapeutics Appoints New Board Member

      Pernix Therapeutics Holdings, Inc. (NASDAQ:PTX), a specialty pharmaceutical company with a focus on Pain and CNS conditions, today announced the appointment of Gabriel Leung to its Board of Directors, effective immediately. The Board also determined that Mr. Leung is an independent director and appointed him as chairperson of the Nominating Committee and as a member of the Audit and Compensation Committees ...

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    16. Former U.S. House Speaker John Boehner Joins Olympusat's Advisory Board

      Former U.S. House Speaker John Boehner Joins Olympusat's Advisory Board

      Olympusat, Inc., one of the largest independent media companies specializing in the ownership, distribution, production and technical services of Spanish- and English-language networks, announced the formation of an advisory board, composed of accomplished business leaders and influencers, including former U.S. House Speaker John Boehner.

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    17. Chipotle, Ackman Talks Intensify With Confidentiality Agreement

      Chipotle, Ackman Talks Intensify With Confidentiality Agreement

      Billionaire investor William Ackman and Chipotle Mexican Grill have signed an agreement to engage in confidential discussions, a source familiar with the matter said, in a sign that the activist may be able to force change at the burrito chain without a costly and drawn-out proxy contest ...

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